Suncoke Energy, Inc. · NYSE:SXC
Suncoke Energy — Corporate Update (December 2013)
19 slides from Suncoke Energy's corporate update, Dec 16, 2013
Slide 1: SunCoke Energy 2014 Guidance Call
Exhibit 99.1 Exhibit 2014 December SunCoke Guidance 99.1 Energy, Energy 16, 2013 Call TM Inc.
Slide 2: Forward-Looking Statements
Forward-Looking Some 1934, Partners, currently opportunities, and negative Although plans, Commission For entirety because result This are SXC provided more may slide presentation and 2014 of as intentions by such new amended. the of be L.P. available. SXCP, information management presentation Guida
Slide 3: 2013 Accomplishments
2013ofAccomplishments Continued Sustained Maintained Improved Initiated Positioned Entered Renewed Progressed SXCP Built Expect IPO 2SXC and 2014 financial completed received SXCP toIndia environmental SXCP Indiana achieve productivity solid operations Guidance SXC on topin via permit strength quart
Slide 4: SunCoke's Strategy
SunCoke’s Strategy Fuel SunCoke Supply Possess Deliver Meet Well-positioned Integrated Products Potential Power Coal Coke Customer EAF DRI Steel 3SXC can our now 2014 imports U.S. strategic competitively secure /improve steel Challenges Strengths Mission the concentration Steel EPA Guidance Existing
Slide 5: Transformational Strategy: Coke, Coal and Power Processing and Handling
Transformational Fuel Historical Customer Capitalize Replicate Leverage Leading Future Integrated Steel Producers EAFs Handling Raw Suppliers 4SXC our Material 2014 Coal Iron supplier steel SXCP /our DRI Products Power Processing Coke on Handling Ore Guidance our Business customers Processing Produc
Slide 6: 2014 Priorities
2014 2014 Operations Sustain Stabilize Drive Complete Obtain Leverage Optimize Evaluate 5SXC Priorities mining Growth permit high-level opportunities India SXCP Business Indiana Guidance Excellence efficiency for JVtonew Harbor and of pursue and Call operating generate coke to Capital gains enhance
Slide 7: SunCoke Energy 2014 Guidance
SunCoke GUIDANCE 6SXC 2014Energy Guidance TMCall
Slide 8: 2014 Outlook – Domestic Coke
2014 Expect Outlook Production –Benefit ($ ~$57/ $57/ton $255—$270 $245—$250 $249 $60—$65/ton FY Domestic (1) 7SXC Expect inFor 2012 2013E 2014E millions, 2014 Domestic ton Domestic aofreflects definition 2H Coke Indiana Guidance of’14 approximately except Coke Adj.EBITDA(1) Adj. expected to Coke Ha
Slide 9: 2014 Outlook – Coal Mining
2014 Continued Outlook Challenging Project –Production ($ ($20) ~($15) ($25) $5—$10 Yield/ Price Lower FY For (1) 8SXC Consistent in2014E 2013E amillions) 2014 Coal definition –Productivity Cost average ($30) reflects Coal Mining coal Guidance volume (Royalties price with price/demand Adj. 2014 and
Slide 10: Expected 2014 Consolidated Adjusted EBITDA
Expected ($ $230—$255 ($0—$5) $10—$15 ($5—$15) $5—$10 $10—$20 $215-$230 Corporate Coal Domestic Coke International FY (1) (2) 9SXC inIncludes For 2014 2014E 2013E millions) Logistics Mining 2014 a Adj. definition 2014 Coke Costs Adjusted Guidance Brazil EBITDA(1) Adjusted Coke and EBITDA Call reconc
Slide 11: Expected FY 2014 SXC EPS
Expected ($ ($0.07- $0.20—$0.50 $0.35—$0.55 $0.35—$0.60 ($0.04—$0.07) ($0.09—$0.14) ~($0.01) FY SXC 10 per 2014 2013E 2014E 2014 share) $0.13) EPS 2014 Taxes EBITDA Depreciation, Financing Noncontrolling EPS Guidance expected Earnings Call Costs toDepletion Per benefit Interest Sharefrom & Amortizat
Slide 12: 2014E Capital Allocation Priorities
Capital 2014E Sustaining Completing Implementing Evaluating Initiate Build ($30-$60M Pursue Consolidated ($ On-Going(2) Environmental Indiana $68 Coal Refurbishment Total $327 (1) Investments (2) SXC 11 inIn Does $13 millions) Logistics 2014 $110 CapEx new 2013, known coke, construction Allocation H
Slide 13: 2014 Guidance Summary
Metric Adjusted Consolidated Attributable EPS $0.35 Shareholders Capital Investments Effective Cash Domestic Coal (1) (2) SXC 12 Please Reflects Attributable Production 2014 Tax Flow –Expected Expenditures $0.55 EBITDA Tax Rate Coke see Guidance from shift to $183 (diluted) Guidance $215 Rate append
Slide 14: Questions
SunCoke QUESTIONS SXC 13 2014Energy Guidance TMCall
Slide 15: Definitions and Reconciliations
DEFINITIONS SunCoke SXC 14 2014Energy Guidance AND TMCall RECONCILIATIONS
Slide 16: Definitions
Definitions nonconventional they attributable other important abecause EBITDA Adjusted SXC 15 substitute represent 2014 similarly itrepresents EBITDA EBITDA/ton measure eliminates Guidance for to our sharing titled netfuel equity income of represents attributable earnings measures Call items tax ope
Slide 17: Expected 2013E Reconciliation of Adjusted EBITDA
Expected 2013E (in Net Depreciation, Interest Income Sales Adjustment EBITDA Adjusted (1) (2) SXC 16 millions) Represents Income 2014 discounts 2013E expense, tax $208 attributable EBITDA 2013 Guidance expense to $51 Low depletion unconsolidated Adjusted SXC $220 EBITDA 7$57 net 7High $215 attributa
Slide 18: Expected 2014E Reconciliation of Adjusted EBITDA
Expected 2014E (in Net Depreciation, Interest Income Sales Adjustment EBITDA Adjusted (1) (2) SXC 17 millions) Represents Income 2014 discounts 2014E expense, tax $226 attributable EBITDA 2014 Guidance expense to $53 Low depletion unconsolidated Adjusted SXC $248 EBITDA –$71 net –High $230 attributa
Slide 19: Investor Relations: SunCoke Energy
Investor Relations: SunCoke Energy TM 630-824-1987 www.suncoke.com